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FINANCIAL ACCOUNTING II On January 2, 2018, the Tumbleweed Corporation decided to make four annual deposits of $25,000 each to a special building fund. The

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FINANCIAL ACCOUNTING II On January 2, 2018, the Tumbleweed Corporation decided to make four annual deposits of $25,000 each to a special building fund. The fund's assets will be invested in financial instruments expected to provide an annual rate of return of 12%. Prepare a schedule setting forth the amounts that would be accumulated in the fund by December 31, 2021, under each of the following alternatives: 1. The first deposit would be made on January 2, 2018. 2. The first deposit would be made on December 31, 2018. 3. The first deposit would be made on January 2, 2018, but all interest would be withdrawn by Tumbleweed each year, as soon as it was earned

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